Perry Ellis International, Inc. has signed a license agreement with
Casablanca-based retail group, Kennek FZE for them to source and distribute
a full range of products from surf, skate and ski brand Gotcha in North
Africa.

Kennek, which is the manufacturer and distributor in North Africa for
brands including Billabong, Elements, O’Neil and Rip Curl, plans to
distribute a full range of products from surf boards and wetsuits to casual
wear and footwear under the Gotcha brand, as well as open eight
mono-branded Gotcha stores in Morocco, Tunisia and Algeria in the next four
years, with the first launch in November 2018.

In addition, Kennek has stated that it has long-term plans for the
brand, including “further African expansion” on a franchise basis in the
future.

Perry Ellis International, Inc. chief executive and president Oscar
Feldenkreis said: “Our company is pleased to enter into a partnership with
Kennek to maximise the potential of the Gotcha brand in North Africa. We
feel Kennek will be a terrific partner and are excited about the prospects
of being in North Africa which falls in line with our plans to extend our
business reach.”

Mamoun Tadili, chief executive of Kennek FZE, added: “We at Kennek are
very proud and excited to join the Gotcha family and showcase the Gotcha
brand’s action sports legacy. We look forward to expanding the Gotcha brand
with franchises throughout Africa and seeing the success of the Gotcha
brand in North Africa in the years ahead.”